Products for which consumers cannot easily evaluate quality even after purchasing and using the product are called:
A)Experience goods
B)Search goods
C)Retail goods
D)Consumer goods
E)Credence Goods

Question

Quizplus · Accepted Answer

Credence goods are products or services for which consumers cannot easily evaluate quality even after purchasing and using them. Examples of credence goods include healthcare services, legal advice, and car repairs. This is in contrast to search goods, for which quality can be easily evaluated before purchase (e.g. clothing, electronics), and experience goods, for which quality can be evaluated only after purchase and use (e.g. vacations, concerts).

Products for Which Consumers Cannot Easily Evaluate Quality Even After